Dow Inc

DOW · NYSE · Basic Materials / Chemicals

33.04USD-0.11 (-0.33%)

Price History

Full chart

Market Stats

Previous Close33.15

Open33.26

Day Range32.55 – 33.45

52-Week Range19.68 – 41.82

Volume5.43M

Market Cap20.63B

P/E (TTM)0.00

Forward P/E14.14

EPS-1.83

Dividend Yield4.89%

Beta0.42

50-Day Avg30.15

200-Day Avg31.85

About

Dow Inc., through its subsidiaries, provides various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. The company operates through Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings segments. The Packaging & Specialty Plastics segment provides ethylene, propylene, polyethylene, and aromatics products; and other ethylene derivatives, such as polyolefin elastomers, ethylene vinyl acetate, and ethylene propylene diene monomer rubber. The Industrial Intermediates & Infrastructure segment offers polyurethanes, including propylene oxide, propylene glycol, and polyether polyols; aromatic isocyanates and fully formulated polyurethane systems; and chlor-alkali and vinyl comprising chlorine and caustic soda, ethylene dichloride, and vinyl chloride monomer; and construction chemicals consisting of cellulose ethers, redispersible latex powders, and acrylic emulsions, as well as coatings, adhesives, sealants, elastomers, and composites. The Performance Materials & Coatings segment provides architectural paints and coatings, and industrial coatings; and acrylics-based building blocks, silicon metals, siloxanes, and intermediates. The company also engages in the property and casualty insurance, as well as reinsurance business. The company was founded in 1897 and is headquartered in Midland, Michigan.

Company Details

SectorBasic Materials
IndustryChemicals
CEOMs. Karen S. Carter
Employees32.80K
Headquarters2211 H.H. Dow Way, Midland, MI, United States, 48674, USA
Websitehttps://www.dow.com

Leadership

Mr. James R. FitterlingExecutive Chair · b. 1962
Ms. Karen S. CarterCEO & Director · b. 1971
Ms. Amy E. Wilson J.D.General Counsel · b. 1971
Mr. John Maurice SampsonSenior Vice President of Operations, Manufacturing & Engineering · b. 1961
Dr. Andre ArgentonChief Technology & Sustainability Officer · b. 1975
Ms. Debra BaulerChief Information & Digital Officer
Mr. Andrew RikerVice President of Investor Relations
Ms. Lauren JamesSenior Vice President of Corporate Development
Ms. Lisa BryantChief Human Resources Officer · b. 1976
Mr. Brendy LangePresident of Performance Materials & Coatings and Executive Oversight of Asia Pacific · b. 1984

Financials

Income Statement

Currency: USD	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	44.88B	53.67B	59.98B	56.79B	57.08B	58.17B	37.10B	48.16B	43.73B	60.28B	42.95B	38.54B	54.97B	56.90B	44.62B	42.96B	39.97B
Growth (%)	-	+19.61%	+11.76%	-5.33%	+0.52%	+1.90%	-36.22%	+29.80%	-9.19%	+37.84%	-28.75%	-10.27%	+42.62%	+3.52%	-21.58%	-3.72%	-6.97%
Cost of Revenue	39.15B	45.78B	51.03B	47.79B	47.59B	47.46B	29.66B	38.21B	44.24B	41.44B	36.99B	33.73B	44.58B	49.05B	39.65B	38.51B	37.57B
Gross Profit	5.73B	7.89B	8.96B	8.99B	9.49B	10.70B	7.45B	9.95B	11.27B	8.16B	5.96B	4.81B	10.39B	7.86B	4.97B	4.46B	2.40B
Gross Margin	12.76%	14.71%	14.93%	15.84%	16.62%	18.40%	20.07%	20.65%	25.78%	13.54%	13.87%	12.49%	18.90%	13.81%	11.14%	10.37%	5.99%
Operating Expense	5.07B	4.80B	5.25B	6.64B	2.66B	5.26B	2.75B	4.55B	4.57B	2.58B	2.35B	2.24B	2.50B	2.53B	2.46B	2.39B	2.13B
Operating Income	653.00M	3.09B	3.71B	2.36B	6.83B	5.44B	4.70B	5.40B	6.70B	5.58B	3.60B	2.57B	7.89B	5.33B	2.52B	2.06B	260.00M
Operating Margin	1.46%	5.76%	6.18%	4.15%	11.97%	9.35%	12.67%	11.21%	15.33%	9.25%	8.38%	6.68%	14.35%	9.37%	5.64%	4.80%	0.65%
EBITDA	-	-	-	-	-	-	4.92B	5.82B	4.40B	7.54B	2.37B	5.54B	11.68B	9.50B	4.00B	5.25B	1.19B
EBITDA Margin	-	-	-	-	-	-	13.27%	12.07%	10.06%	12.52%	5.52%	14.37%	21.24%	16.69%	8.97%	12.22%	2.97%
Net Income	648.00M	2.31B	2.74B	1.18B	4.79B	3.77B	6.09B	4.32B	465.00M	4.50B	-1.36B	1.23B	6.31B	4.58B	589.00M	1.12B	-2.62B
Net Income Margin	1.44%	4.30%	4.57%	2.08%	8.39%	6.48%	16.41%	8.97%	1.06%	7.46%	-3.18%	3.18%	11.48%	8.05%	1.32%	2.60%	-6.56%
R&D	1.49B	1.66B	1.65B	1.71B	1.75B	1.65B	730.00M	1.59B	803.00M	1.54B	765.00M	768.00M	857.00M	851.00M	829.00M	810.00M	751.00M
R&D as % of Total Revenue	3.32%	3.09%	2.74%	3.01%	3.06%	2.83%	1.97%	3.31%	1.84%	2.55%	1.78%	1.99%	1.56%	1.50%	1.86%	1.89%	1.88%
Interest Expense	0	0	0	0	0	0	0	858.00M	976.00M	1.06B	947.00M	878.00M	689.00M	651.00M	736.00M	758.00M	865.00M
Interest Expense % of Total Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.78%	2.23%	1.76%	2.20%	2.28%	1.25%	1.14%	1.65%	1.76%	2.16%

Balance Sheet

Currency: USD	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	65.94B	69.59B	69.22B	69.61B	69.50B	68.80B	68.03B	79.51B	79.94B	77.38B	60.52B	61.47B	62.99B	60.60B	57.97B	57.31B	58.54B
Total Liabilities	44.81B	46.95B	45.79B	47.59B	41.42B	45.24B	25.63B	31.83B	52.93B	49.41B	46.43B	48.47B	44.25B	39.36B	38.86B	39.46B	41.02B
Total Equity	21.12B	22.64B	23.44B	22.01B	28.08B	23.56B	42.40B	47.69B	25.82B	26.83B	13.54B	12.44B	18.16B	20.72B	18.61B	17.36B	16.01B
Cash	2.85B	7.04B	5.44B	4.32B	5.94B	5.65B	8.58B	6.61B	6.19B	2.72B	2.37B	5.10B	2.99B	3.89B	2.99B	2.19B	3.82B
Total Debt	-	-	-	-	-	-	-	-	21.00B	19.90B	19.16B	19.04B	16.14B	16.71B	16.45B	17.64B	19.60B
Net Debt	-	-	-	-	-	-	-	-	14.81B	17.16B	16.79B	13.94B	13.15B	12.82B	13.46B	15.46B	15.78B

Cash Flow

Currency: USD	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	2.08B	4.10B	3.88B	4.08B	7.82B	6.50B	7.61B	-2.96B	-4.93B	3.89B	5.93B	6.23B	7.01B	7.47B	5.20B	2.91B	1.03B
Investing Cash Flow	-14.77B	135.00M	-1.99B	-2.69B	-1.47B	-3.10B	-1.35B	5.09B	7.52B	-2.19B	-2.19B	-841.00M	-2.91B	-2.97B	-2.93B	-2.37B	817.00M
Financing Cash Flow	12.66B	-178.00M	-3.36B	-2.53B	-4.73B	-3.58B	-3.13B	-4.01B	-3.33B	-5.40B	-4.09B	-2.76B	-6.07B	-3.36B	-3.12B	-1.17B	-435.00M
Capital Expenditure	2.12B	2.17B	2.72B	2.61B	2.30B	3.57B	3.70B	3.99B	2.99B	2.14B	1.97B	1.39B	2.32B	2.06B	2.48B	3.06B	2.48B
Free Cash Flow	-	-	-	-	-	-	3.90B	-6.95B	-7.92B	2.12B	3.96B	4.84B	4.68B	5.42B	2.72B	-151.00M	-1.45B
Dividends Paid	24.00M	8.00M	1.30B	2.12B	1.53B	2.11B	2.25B	2.46B	3.23B	3.71B	2.08B	2.07B	2.07B	2.01B	1.97B	1.97B	1.49B
FCF to OCF	-	-	-	-	-	-	51.32%	234.97%	160.74%	54.37%	66.78%	77.72%	66.84%	72.47%	52.33%	-5.18%	-140.21%
Dividend Paid to FCF	-	-	-	-	-	-	57.71%	-35.43%	-40.83%	175.30%	52.65%	42.80%	44.25%	37.03%	72.53%	-1301.99%	-102.97%

Earnings

Report Date	Oct 24, 2013	Jan 29, 2014	Apr 23, 2014	Jul 23, 2014	Oct 22, 2014	Jan 29, 2015	Apr 23, 2015	Jul 23, 2015	Oct 22, 2015	Feb 2, 2016	Apr 28, 2016	Jul 28, 2016	Oct 27, 2016	Jan 26, 2017	Apr 27, 2017	Jul 27, 2017	Oct 25, 2017	Sep 7, 2018	Nov 19, 2018	Feb 27, 2019	May 2, 2019	Jul 25, 2019	Oct 24, 2019	Jan 29, 2020	Apr 30, 2020	Jul 23, 2020	Oct 22, 2020	Jan 28, 2021	Apr 22, 2021	Jul 22, 2021	Oct 21, 2021	Jan 27, 2022	Apr 21, 2022	Jul 21, 2022	Oct 20, 2022	Jan 26, 2023	Apr 25, 2023	Jul 25, 2023	Oct 24, 2023	Jan 25, 2024	Apr 25, 2024	Jul 25, 2024	Oct 24, 2024	Jan 30, 2025	Apr 24, 2025	Jul 24, 2025	Oct 23, 2025	Jan 29, 2026	Apr 23, 2026	Jul 23, 2026	Oct 22, 2026
EPS Estimate	0.44	0.43	0.71	0.72	0.69	0.69	0.76	0.83	0.69	0.86	0.83	0.85	0.88	0.97	1.04	0.94	0.93	0.00	0.00	0.00	0.91	0.84	0.72	0.72	0.58	-0.25	0.31	0.68	1.15	2.44	2.56	2.03	2.05	2.14	1.15	0.57	0.37	0.71	0.45	0.40	0.45	0.72	0.47	0.24	-0.01	-0.17	-0.30	-0.51	-0.29	1.25	0.69
EPS Actual	0.50	0.65	0.79	0.74	0.72	0.85	0.84	0.82	0.93	0.93	0.89	0.95	0.91	1.04	1.04	1.08	0.00	2.28	0.98	0.93	0.70	0.86	0.91	0.78	0.59	-0.26	0.50	0.81	1.36	2.72	2.75	2.15	2.34	2.31	1.11	0.46	0.58	0.75	0.48	0.43	0.56	0.68	0.47	-0.08	0.02	-0.42	-0.19	-0.34	-0.14	1.44	-
Surprise	13.64%	51.16%	11.27%	2.78%	4.35%	23.19%	10.53%	-1.20%	34.78%	8.14%	7.23%	11.76%	3.41%	7.22%	0.00%	14.89%	-100.00%	-	-	-	-23.08%	2.38%	26.39%	8.33%	1.72%	-4.00%	61.29%	19.12%	18.26%	11.48%	7.42%	5.91%	14.15%	7.94%	-3.48%	-19.30%	56.76%	5.63%	6.67%	7.50%	24.44%	-5.56%	0.00%	-131.33%	300.00%	-147.06%	36.67%	33.33%	51.72%	15.20%	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap20.63B

Enterprise Value36.39B

Trailing P/E0.00

Forward P/E14.14

PEG Ratio38.89

Price / Sales0.50

Price / Book1.30

EPS-1.83

Book Value21.96

Revenue (TTM)41.32B

Gross Profit (TTM)4.04B

EBITDA3.96B

Profit Margin-3.13%

Operating Margin11.59%

Return on Equity-5.54%

Return on Assets1.30%

Shares Outstanding722.34M

Shares Float720.59M

Beta0.42

Dividend Yield4.89%

Dividend Rate1.40

Payout Ratio1.82%

Analyst Ratings

Hold

Based on 21 analystsTarget 34.44

Strong Buy
4
Hold
16
Sell
1

Ownership Breakdown

Institutions: 79.50%
Insiders: 0.21%
Retail / Other: 20.29%

Top Institutional Holders

BlackRock Inc
53.34M7.38%
Vanguard Capital Management, LLC
46.19M6.39%
State Street Corp
35.11M4.86%
Vanguard Portfolio Management, LLC
32.84M4.55%
Pzena Investment Management, LLC
18.95M2.62%
Geode Capital Management, LLC
18.78M2.60%
Two Sigma Investments LLC
17.87M2.47%
Capital World Investors
15.74M2.18%
Morgan Stanley - Brokerage Accounts
13.98M1.93%
AQR Capital Management LLC
10.32M1.43%
Amvescap Plc.
9.63M1.33%
NORGES BANK
9.30M1.29%

Top Fund Holders

Vanguard MStar Total Stk Mkt Idx Invest
22.90M3.17%
Vanguard 500 Index Investor
19.14M2.65%
American Funds Growth Fd of Amer A
12.26M1.70%
iShares Core S&P 500 ETF
9.59M1.33%
Fidelity 500 Index
9.32M1.29%
State Street® SPDR® S&P 500® ETF
8.81M1.22%
State Street®MatSelSectSPDR®ETF
8.37M1.16%
Vanguard Small Cap Index
8.29M1.15%

Dividends

20263×

0.35Aug 31, 20260.35May 29, 20260.35Feb 27, 2026

20254×

0.35Nov 28, 20250.35Aug 29, 20250.70May 30, 20250.70Feb 28, 2025

20244×

0.70Nov 29, 20240.70Aug 30, 20240.70May 31, 20240.70Feb 28, 2024

20234×

0.70Nov 29, 20230.70Aug 30, 20230.70May 30, 20230.70Feb 27, 2023

20224×

0.70Nov 29, 20220.70Aug 30, 20220.70May 27, 20220.70Feb 25, 2022

20214×

0.70Nov 29, 20210.70Aug 30, 20210.70May 27, 20210.70Feb 25, 2021

20201×

0.70Nov 27, 2020